Thomas Scott (India) Limited

Thomas Scott (India) Limited

THOMASCOTT.BO
Thomas Scott (India) LimitedIN flagBombay Stock Exchange
324.40
INR
-2.40
- -
4.76BMarket Cap
Thomas Scott (India) Limited
THOMASCOTT.BO
(Bombay Stock Exchange)

Recent

price

324.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
- -
46.66
63.04
147.73
52.58
39.61
51.33
60.34
63.77
64.17
63.3
58.62
98.79
114.25
145.71
- -
177.43
Revenue per Share
-1
-28.15
-6.5
-5.66
-9.99
-5.23
1.43
-2.19
-3.59
-5.71
-0.34
1.14
4.53
12.55
11.58
- -
13.34
Basic EPS, GAAP
-0.7
5.89
-0.16
2.54
-2.91
0.05
-5.51
-5.22
-2.19
-0.79
8.65
3.46
-34.31
-16.13
-41.02
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
9
-18.16
-24.67
-30.33
-40.31
-43.7
-42.27
-44.47
-48.05
-53.75
-54.05
-28.24
-18.62
2.09
15.74
- -
10.21
Book Value per Share
9
47.67
41.19
35.55
25.56
22.17
23.6
21.27
17.74
12.08
11.8
18.56
22.25
63.07
95.47
- -
95.25
Tangible Book Value per Share
- -
3
3
3
3
3
3
3
3
3
3
6
6
8
11
- -
14
Basic Weighted Avg Shares
- -
158
214
501
178
134
174
205
216
218
215
323
628
913
1,610
2,549
2,549
Sales/Revenue/Turnover
- -
-59.45
-11.2
-3.79
-12.83
-13.09
3.68
-1.02
-2.71
-5.05
2.4
3.1
6.88
13.68
10.66
12.11
12.11
Operating Margin (%)
- -
5
1
1
1
- -
- -
- -
- -
3
3
3
7
12
22
26
26
Depreciation Expense
- -
-95
-22
-19
-34
-18
5
-7
-12
-19
-1
6
29
100
128
193
192
Net Income, GAAP
- -
- -
- -
- -
- -
- -
11.89
- -
- -
- -
- -
9.7
3.35
- -
19.41
28.7
29.22
Effective Tax Rate (%)
- -
-60.33
-10.32
-3.83
-18.99
-13.2
2.78
-3.64
-5.63
-8.89
-0.53
1.94
4.59
10.98
7.95
7.57
7.52
Profit Margin (%)
- -
150
136
118
86
68
74
68
46
26
23
79
254
431
929
1,206
1,206
Working Capital
579
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
159
12
24
15
15
LT Debt
- -
162
140
121
87
75
80
73
61
41
40
103
143
507
1,060
1,373
1,373
Total Equity
- -
- -
- -
- -
- -
- -
6.5
- -
- -
- -
- -
9.89
16.84
- -
15.72
14.52
14.42
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
-4.36
- -
- -
- -
- -
-6.86
-331.16
- -
75.05
46.13
45.8
Return on Capital (%)
-0.03
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
134.28
120.43
119.55
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
247
- -
450
LT Borrowings
19
- -
15
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
15
- -
15
Market Capitalization
4,027
4,497
3,390

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
1,626
- -
2,188
Cash, Cash Equivalents & STI
3
- -
3
Accounts Receivable, Net
715
- -
862
Inventories
771
- -
858
Total Current Liabilities
510
- -
982
Payables & Accruals
- -
- -
- -
ST Debt
247
- -
450
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
53.3%
117.4%
29.59%
Free Cash Flow
-1,444.84%
-218.1%
-21.88%
Net Income, GAAP
-31.67%
7.13%
50.84%
Sales/Revenue/Turnover
37.71%
64.99%
58.28%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
191
230
233
292
913
2025
273
407
454
476
1,610
2026
539
569
663
778
2,549

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.46
3.15
2.83
- -
12.55
2025
1.34
2.58
3.65
3.29
11.58
2026
2.5
3.21
3.39
4.22
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Thomas Scott (India) Limited operates in the premium menswear apparel industry, specializing in the design, manufacture, and retail of high-quality men's formal and casual wear under its flagship brand Thomas Scott as well as other brands including Hammersmith and Bang & Scott. The company offers a diverse product range consisting of luxury semi-formal and business casual shirts, yarn-dyed cotton shirting fabric, men's shirts, and smart casual wear. It operates a vertically integrated manufacturing model with state-of-the-art facilities across India, employing technology-driven processes such as 3D sampling and CAD systems to ensure quality and agility. The company serves both domestic and international markets, with exports extending to the United States, Europe, South Africa, the Middle East, and other Asian countries. Founded in 2010 and headquartered in Mumbai, Thomas Scott has established a strong retail footprint with over 30 outlets across India and has partnered with leading e-commerce platforms like Myntra and AJIO for wider market reach. In the past two years, Thomas Scott has undergone significant strategic developments including entering exclusive channel partnerships with major online fashion platforms such as Myntra, where it expanded its licensed brand portfolio to 10 brands, including menswear labels like Invictus, Here&Now, Mast&Harbour, and Moda Rapido. The company achieved a milestone of INR 1 billion annual recurring revenue (ARR) through online channels by August 2023 and continued to grow its portfolio by launching new product categories such as handbags and women's western wear in collaboration with international brands. In 2024, Thomas Scott piloted offline stores in Bangalore and initiated quick commerce pilots with platforms like Big Basket to enhance consumer accessibility. The company also focuses on sustainability certifications including SEDEX, FSC, BCI, Oeko-Tex, and BSCI in its production processes, emphasizing social and environmental governance compliance. Recent investment interest has been indicated by institutional investors such as Ashish Kacholia acquiring a significant stake in the company. Overall, Thomas Scott (India) Limited is a vertically integrated premium menswear apparel company with a strong retail and online presence in India and international markets, advancing its market leadership through strategic partnerships, technological manufacturing capabilities, expanded product offerings, and a commitment to sustainability and quality. Its major brands and licensed collaborations position it well within the apparel retail and manufacturing segments, supported by a robust operational base across multiple Indian manufacturing facilities. The company continues to focus on expanding its digital commerce footprint and diversifying product categories to stay competitive in evolving fashion markets.